Tesla earlier announced itsFiscal Year 2024 Fourth Quarter Financial Report, of which revenue reached US$257.1 billion, a 2% increase over the same period last year, but vehicle revenue decreased by 8%, from US$215.6 billion in the same period last year to US$198 billion, mainly due to the decline in the average price of the main sales models. However, Tesla still expects Model Y to become its best-selling model, and also expects its Powerwall energy storage business to hit a new high in 2025.Self-driving taxi serviceIt is expected to be in June this yearBegins operations in Austin, Texas, and will later expand to more cities in the United States.
Although the full-year net profit was only US$70.9 billion, a decrease of 2023% compared to the full year of fiscal 53, Tesla is still optimistic about future development and expects that its electric vehicle and energy storage businesses will continue to grow.
Its self-driving taxi service is expected to launch in Austin, Texas in June this year and expand to more cities in the United States in the future. It is expected to become a new business development for Tesla. It even plans to allow more car owners to turn their idle vehicles into "money-making tools", which may attract more car owners to join.
Self-driving taxis are expected to use Tesla's upcoming fully autonomous driving software, allowing the vehicle to operate in fully autonomous mode without the need for a human driver. This software is expected to be launched in California and other regions before the end of this year, and it is expected that more than 100 million self-driving vehicles will be on the road within the next year.
